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Alex Moses
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Manhattan's Pied-à-Terre Tax Arrives — and the Market Is Already Shifting
New York's long-debated surcharge on non-primary luxury residences officially took effect this summer, and brokers say the fallout is showing up in contract signings, pricing concessions, and a surge of listings from owners looking to exit before carrying costs climb further.
Real Estate · Alex Moses · August 4, 2026
Long Island City's Skyline Reshapes Queens — and Its Housing Market
A decade of high-rise construction along the East River has transformed Long Island City from an industrial backwater into one of the city's most sought-after rental markets, creating spillover pressure on neighborhoods that once offered a genuine alternative to Manhattan pricing.
Real Estate · Alex Moses · July 28, 2026
The Empty Towers of Billionaire's Row
Years after Manhattan's ultra-luxury supertalls reshaped the midtown skyline, a significant share of their inventory remains unsold — a frozen market of nine-figure apartments that has become a case study in what happens when supply is built for a customer base that never fully materialized.
Real Estate · Alex Moses · July 15, 2026
Co-op Boards Tighten Scrutiny as Market Uncertainty Grows
Rejection rates for co-op purchase applications are rising across Manhattan and parts of Brooklyn, as boards raise financial thresholds, scrutinize employment stability, and apply increasingly cautious logic to approvals — creating friction that is reshaping how buyers approach one of New York's most distinctive housing forms.
Real Estate · Alex Moses · June 28, 2026
Manhattan's Luxury Market Surges to a Five-Year High, With 312 Sales Above $10 Million in the First Half of 2026
Billionaire Row is filling up again, international buyers are back in force, and the median price per square foot at the top of the market has topped $4,000 for the first time — a luxury sector showing no sign of cooling despite historically high interest rates.
Real Estate · Alex Moses · August 10, 2026